zlacker

If he wins in this, it’ll mean he’d maneuvered himself into a position of controlling the whole thing—in fact, if not on paper—some time back. The “coup” people’ve been writing about will have been his actions over the last year or so, not the board’s.

Big money on the line. Insane, life-changing payouts in the cards. Altman and MS on the side of those, the board on the side of the mission. Money’s likely to win.

>>hotnfr+(OP)
If the board has the support of all the staff the board will be absolutely fine.

That said, not clear to me that board is supported by the staff.

So if Sam goes, and many of the key staff go... will be interesting.

And the boards style in all this, if that is the "mission" - is wild. You have partners, staff, businesses - doing a VC round and you blow it all up without it sounds like even talking to your board president? Normally this type of ouster requires a properly noticed meeting!

>>tempno+a7
Because a lot of the staff is there for the high compensation and they view the mission as an inconvenience

>>tempno+a7
I think some of the staff definitely supports Altman, and are down to quit and follow him. Personally I hope that's what happens. Separate the altruistic-mission guys from the big-profit guys and let them go to town in their respective spheres.

>>shrimp+Xb
The sad part is that nearly 100% of investment and resources will follow the big-profit group leaving the altruistic-mission guys in the dust with no resources and no money.

>>hotnfr+(OP)
It seems more like Microsoft controls the whole thing, and they do. They have a near-majority of shares.

>>hotnfr+(OP)
Plot twist: Iliya, Altman and the orher guy fired planned all this to make the board look dumb, remove them, and take full control without being held back any longer.